707 Atlantic Ave, Knoxville, TN 37917 (MLS# 923712)

707 Atlantic Ave, Knoxville, TN 37917

$130,000

Property Type: Multi-Family Square Footage: 3,423 Status: Closed

Current Price: $130,000 List Date: 12/06/2015 Last Modified: 11/16/2019

Overview

Description

OWNER MUST SACRIFICE THIS GREAT INCOME PRODUCING PROPERTY * 5-UNIT ALL BRICK VICTORIAN STYLE DWELLING OFFERS A SPRAWLING WRAP AROUND PORCH, TONS OF PARKING ON THE OVERSIZED CORNER LOT, ON CITY BUS LINE, WITHIN WALKING DISTANCE TO MAJOR SHOPPING, RESTAURANTS, SCHOOLS AND HOSPITAL * NEW 3-DEM ROOF IN 2013, UPDATED BREAKER BOXES, NEW 80 GALLON WATER HEATER INSTALLED 7/2015 * 4-UNITS HAVE HVAC UNITS * SELLER PAYS FOR WATER, SEWER AND COMMON AREA LIGHTS * TENANTS PAY FOR ALL OTHER UTILITIES * OWNER HAS PRICED TO SELL STRICTLY AS-IS DUE TO DECLINING HEALTH.

Listing Details MLS# 923712

Location Tax Legal Info

House #: 707
Street Name: Atlantic
St Suffix: Ave
State/Province: TN
Zip Code: 37917
PIN #: O81ce040

Contract Info

Auction Y/N: No
Listing Price: 154900

General Property Description

SqFt - Total (Aprox): 3423
Lot Dimensions: 150 X 162
Number of Units: 5
# Units Leased: 5
Utilities/Mo Avg: 200
Year Built: 1899
Property Status: N/A
Restrictions: Yes
Driveway: GRAVEL
Lease Information: (1) $380.00 (2) $400.00 (3) $370.00 (4) $530.00 (5) $380.00

Status Change Info

Status Change Date: 2016-03-11
Under Contract Date: 2016-02-05
Sold Date: 2016-03-10

IncomeExpenses

Net Operating Income: 15982

Roof

Roof Info: 3 DEM SHINGLE

More Information

Property Features

Property Sub-Type: Five or Six Plex Type of Units: 1 Bedroom Unit; 2 Bedroom Unit Sale Includes: Building and Land; No Furnishings Floors: Carpet; Hardwood; Vinyl Tenant Expenses: Electricity; Gas; Telephone Owner Expenses: Common Area Maintenance; Insurance; Lawn Maintenance; Sewer; Taxes; Water; Other Fuel: Electric; Gas (Natural) Heat: Central Cooling: Central Cooling Appliances: Range; Refrigerator; Smoke Detector Construction: Frame - Brick Siding: Brick Exterior Features: Cable Available (TV Only); Porch - Covered; Prof Landscaped; Windows - Aluminum; Windows - Storm Misc Features: Internet Available Other Rooms: Other Miscellaneous: No Pets; Porch; TV Cable Available New Financing: Cash; Conventional; New Loan

Documents

DISCLOSURES ›

IDX

Listing Office: The Ferguson Company

Last Updated: November - 16 - 2019

Broker Attribution: 865-690-1300

The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.